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Fintech collaboration to continue during 2019 Automotive Intelligence Summit

Thursday, February 7, 2019 - 10:22am

Auto Fin Journal Staff

How fintech is going to be the technological solder that binds dealerships, finance companies and consumers into an even stronger relationship permeated discussions at a host... Read More

PODCAST: Update on GM Financial with Kyle Birch

Wednesday, February 13, 2019 - 11:42am

Auto Fin Journal Staff

During the Vehicle Finance Conference hosted by the American Financial Services Association this past January in San Francisco, Nick had the opportunity again to sit down... Read More

Cox Automotive whitepaper identifies rub over accurate dealer pricing

Friday, February 15, 2019 - 10:59am

Auto Fin Journal Staff

Dealers probably know this sequence all too well. A walkaround and test drive of a vehicle both went well, and the financing process advanced to the point where the potential... Read More

Carvana’s latest moves involve Ally for funds and Disney for laughs

Friday, November 2, 2018 - 10:52am

Friday, November 2, 2018 - 10:52am

Auto Fin Journal Staff

Two developments surfaced on Friday involving Carvana; one involving a serious amount of financing capacity and the other much more light-hearted as an effort to drum up interest in the online used-vehicle retailer. First the funds as Ally Financial announced it is providing up to $2.3 billion in financing commitments... Read More

Darwin launches pilot of Amazon-like F&I platform

Wednesday, October 31, 2018 - 11:54am

Wednesday, October 31, 2018 - 11:54am

Auto Fin Journal Staff

Platforms like Amazon give consumers the pathway to purchase everything from mechanical pencils to a drone in the middle of the afternoon or night with just a few swipes on a smart device. Now Darwin Automotive is putting F&I software in place to give vehicle buyers the same flexibility. This week, the company... Read More

Former CDK Global exec to lead Equifax auto segment

Monday, October 29, 2018 - 10:28am

Monday, October 29, 2018 - 10:28am

Auto Fin Journal Staff

Equifax has a new leader for its automotive endeavors. On Monday, Equifax named Byron McDuffee as automotive general manager to be responsible for leading the company’s automotive business, focusing on expanding enterprise solutions sales opportunities within the automotive market, as well as the continued... Read More

AFSA reveals new board and executive staff succession plan

Wednesday, October 24, 2018 - 12:11pm

Wednesday, October 24, 2018 - 12:11pm

Auto Fin Journal Staff

Significant changes are in motion within the American Financial Services Association (AFSA). On Wednesday, AFSA announced that its board of directors has elected a new chairman, chair-elect and vice chairman-treasurer for the next 12 months. Additionally, the board approved a succession plan for executive leadership... Read More

Experian, FICO and Finicity to pilot UltraFICO credit score

Tuesday, October 23, 2018 - 11:31am

Tuesday, October 23, 2018 - 11:31am

Auto Fin Journal Staff

A trio of companies are joining forces to revamp the credit score. Experian, FICO and Finicity announced a new credit score this week during the Money 20/20 USA conference. The new score, called UltraFICO Score, leverages account aggregation technology and distribution capability from Experian and Finicity to help... Read More

Dealertrack broadens contracting solution availability for Hyundai and Kia dealers

Monday, October 22, 2018 - 12:06pm

Monday, October 22, 2018 - 12:06pm

Auto Fin Journal Staff

Dealertrack now has a closer relationship with two captive finance companies. On Monday, Dealertrack announced the expansion of its partnership with Hyundai Motor Finance and Kia Motors Finance making Dealertrack Contracting available in 39 states, including Texas, California, New York, Florida and... Read More

TruDecision welcomes Kennedy as chief operating officer

Monday, October 22, 2018 - 10:14am

Monday, October 22, 2018 - 10:14am

Auto Fin Journal Staff

Another client-service provider relationship has evolved into one of executive teammates. TruDecision, a fintech company providing sophisticated applications of artificial intelligence, machine learning and other quantitative tools to dealers and finance companies, has named Joel Kennedy its chief operating... Read More

truPayments unveils tru Shop-by-Payment

Wednesday, October 17, 2018 - 12:10pm

Wednesday, October 17, 2018 - 12:10pm

Auto Fin Journal Staff

Since oftentimes potential buyers are cruising website and making considerations based on their monthly budget, truPayments recently introduced tru Shop-by-Payment and the ShopByPayment.com website. Company officials explained that tru Shop-by-Payment is a Software-as-a-Service product for dealers and finance companies... Read More

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